NEW STUDY SAYS MORE PEOPLE WILL FLY

Airline passenger traffic is expected to increase at more than five percent a year through 2016. That is according to a study released this week by the International Air Transport Association (IATA).

The organization says it believes airlines across the globe will Carry 3.6 billion people in 2016, an increase of 800 million passengers carried in 2011.

The study contends the increase will come primarily from domestic routes, lead by China, which is expected to account for 193 million passengers during that period.

Tony Tyler, the director and CEO of IATA, says “Despite the current economic uncertainty, expected demand for connectivity remains strong and that is good news for the economy.”

the forecast sees the United States as the single largest market for domestic passengers, where domestic traffic is expected to grow at an annual rate of 2.6%. International traffic is expected to grow by 4.3% per year.